after the "Bail in" in Cyprus were depositers money was stolen I checked on the web to see where else it may happen. sadly the US and UK have already put this on the statute books and Canada and New Zealand have followed. Not many people realise that the money you have on deposite in a bank does not belong to You, Legally it belongs to the bank!! .and they can call a Bank Holiday and steal your money if they wish.best to keep some outside the system, and with the price of gold and silver at new low prices it's a great time to buy precious metals

after the "Bail in" in Cyprus were depositors money was stolen I checked on the web to see where else it may happen. sadly the US and UK have already put this on the statute books and Canada and New Zealand have followed. Not many people realize that the money you have on deposite in a bank does not belong to You, Legally it belongs to the bank!! .and they can call a Bank Holiday and steal your money if they wish.best to keep some outside the system, and with the price of gold and silver at new low prices it's a great time to buy precious metals

Ray when the world goes to hell in a hand basket....what ever that might mean....when the fecal matter is in the rotating turbine....currency is no longer part of the equation....If ones security is based on a ledger book balance they are going to be covered in schit mate! What was the Deutschmark worth when that empire collapsed?

Laird,I look at this a couple of ways and by looking at different places.We don't know whose schitt is going to hit which fan .....So after the bank holiday in Cyprus all the poor folks got their money stolen by the banks with the conivence of the politicians...the rich had got their money out the system a long time before, Cypriot banks were closed in Cyprus but open in Russia and in England, so the expates could take their money out, and it was just the poorer folks who suffered, in Weimar Germany at one point 10 Reichmark could buy 1 ounce of gold by the time hyper inflation had taken hold it was in the trillions.but if you had an ounce of gold you could still sell it anywhere else in Europe for it's real value.In the last 4,000 years Fiat currencey ( i.e. currencey backed by nothing) has always failed, whereas Gold and silver have always been used as money, so that is one reason to have some. The other is just MY reason, it would really pi$$ me off if the banks stole my money and I knew it was on the cards ( and it is) and I did nothing, money in the banks is " Interest Free Risk" better to have it in something else.even firearms and off road vehicles.Whatever lies ahead there will always be barter, or money of some sort.look at all the banks hurrying to buy Gold and all the rich folks as well.think they know something we don't?

That's right the police went door to door grabbing guns. Locked homes, locked rooms, no warrant. It appears that in a natural disaster the state is not your friend! The police here are federal burglars!

I think that the west is turning into a police state. It seems that the police are "tooling up" especially in the US where I believe the NSA have bought millions of hollow round bullets , ( which can't be used in war, because they are banned under the Geneva convention)..so who are they going to be use against?..and why?.Well the only people they can be used against are citizens.as to Why? it could be a number of things.....maybe they are acting in our best interests, something nasty is coming our way.due to Solar weather? Fukushima? etc and this is going to cause social unrest so in our best interests they want to protect the " Good " citizen from the looter or maybe With America 17 Trillion dollars in debt and many of the banks uber leveraged we are looking at the collapse of the banking system and the politicians want to look out for their rich banker buddies.....or maybe we give significance to thiings we shouldn't and no significance to things we should ....such as a coin toss